Countrywide Credit sets lending record.

PASADENA, Calif. - Countrywide Credit Industries Inc., which has grown to be the nation's leading mortgage lender, said it funded a record $2.6 billion in loans last month, more than triple the $814 million of July 1991.

Countrywide also said its servicing portfolio jumped to $38.3 billion, from $18.7 billion in July 1991. The company said it had $5.3 billion of loans-in-process July 31, compared with $4.4 billion June 30 and $1.3 billion at July 31, 1991.